Get product inspiration from your audience
Posted: Tue Feb 18, 2025 7:54 am
Lyn didn’t start her businesses with a product. She started with a YouTube audience. It wasn’t until her viewers started asking whether she would sell the hair extensions in her videos that she thought of opening an online store.
“My audience kind of gave me the idea to do it,” she says.
Lyn found a supplier of her favorite hair extensions, built her website, and shared it on YouTube. Her store sold out in just five days.
3. You don’t need a lot of money to start an online business
As Lyn puts it, she’s risk-averse when it comes to investments, because she knows what it’s like to be poor. In fact, she was able to start her first business on just $100 by algeria mobile database using a dropshipping model. And she re-invested the money she made into her next businesses. She actually didn’t quit her job and pursue entrepreneurship full time until she was out-earning her 9-to-5 job as an accountant.
“Sometimes people think they need to get a business loan and invest thousands of dollars to start something up,” Lyn says. “That isn’t necessarily the case.”
She encourages entrepreneurs to take advantage of the free resources available online, like YouTube videos and other online communities, to learn about how to start businesses and use credit strategically.
4. Don’t ask for a seat at the table—build your own table
Lyn has shown her audience that it’s possible to build a business on a small investment, and that’s particularly important for her to share with people like herself—women of color. Going into business is one way for marginalized people to gain acceptance in spaces where they might have felt out of place before.
“My audience kind of gave me the idea to do it,” she says.
Lyn found a supplier of her favorite hair extensions, built her website, and shared it on YouTube. Her store sold out in just five days.
3. You don’t need a lot of money to start an online business
As Lyn puts it, she’s risk-averse when it comes to investments, because she knows what it’s like to be poor. In fact, she was able to start her first business on just $100 by algeria mobile database using a dropshipping model. And she re-invested the money she made into her next businesses. She actually didn’t quit her job and pursue entrepreneurship full time until she was out-earning her 9-to-5 job as an accountant.
“Sometimes people think they need to get a business loan and invest thousands of dollars to start something up,” Lyn says. “That isn’t necessarily the case.”
She encourages entrepreneurs to take advantage of the free resources available online, like YouTube videos and other online communities, to learn about how to start businesses and use credit strategically.
4. Don’t ask for a seat at the table—build your own table
Lyn has shown her audience that it’s possible to build a business on a small investment, and that’s particularly important for her to share with people like herself—women of color. Going into business is one way for marginalized people to gain acceptance in spaces where they might have felt out of place before.